Lalezarian Properties has acquired a warehouse at 606 West 30th Street, in West Chelsea, for $36 million. The site currently has roughly 30,000 square feet of development rights, and is zoned for retail or light manufacturing, but the developer is likely waiting on a rezoning that would allow for residential use. The site is located across from the High Line and Related’s multi-skyscraper Hudson Yards development. [The Real Deal]
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Is there a timeframe that the current “renters” a DSNY garage, have to get out of 606 West 30th St., now that the property has been bought by Lalezarian Properties as of August, 2015? ….